Saturday, August 03, 2019 10:20:20 AM
If you had written that statement with the first posts that would have been more responsible.
So all is good with the exceptions of why allow buying on phone vs no oline buy if a violation did occur. See for me being green I look for simple. Allowing phone orders vs online orders tells me that no rules were broken. It also tells me that some entity is deliberately slowing the volume pressure down. What backs up my speculation is the following
1 Broker's been caught manipulating penny stocks many times especially etrade.
2 It is way more complicated yes etrade makes money on buy and sell fees. But they like to double dip and when they get caught they ONLY pay a small fine relative to gains they accumulated by doing funky stuff to penny stocks.
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